Neutra Corporation (NTRR)

[Voices of Reason]

Observations on this latest press release:

1. The much hyped "acquisition" of a building has yet to come to fruition. NTRR conveniently stated in their last press release that it was just a "hope" - not a sure thing.

2. "Neutra could grow its own hemp to produce CBD products, manufacture such items and distribute them all under one roof without having to rely on any outside sources." - except of course, "funding" from outside sources - the company has no cash and would have to create some serious dilution to pursue such a lofty venture.

3. "Being able to grow hemp ourselves in the state is not only convenient and cost efficient, it works well logistically with our potential Florida facility now under consideration" - huh?? How does having the ability to grow hemp in Texas become "cost efficient" to have a facility in Florida?? Last time I checked with Pompeo, Florida is closer to Ukraine than Texas

4. "... our potential Florida facility now under consideration." - I guess NTRR is still drafting that LOI in hopes to put earnest money down on a option to purchase a facility that they are already claiming is "ours" (who writes this stuff anyways??)

5. I am unsure if NTRR even meets the State requirements below:

During routine inspection or complaint investigations, DSHS, within its statutory authority, may detain products, including dietary supplements, that are labeled as or contain hemp, including CBD, and that make unproven health claims, such as preventing, diagnosing, treating and/or curing a health or medical condition. Products that are being manufactured or handled in a manner that creates a health hazard for people who may use it may also be detained.

Note: HB 1325 contains limitations regarding retail sales of out-of-state consumable hemp products. The products must be processed or manufactured in another state in compliance with:

that state or jurisdiction's plan approved by the USDA;
in the absence of a state submitted plan, a plan established by the USDA; or,
the laws of that state or jurisdiction if the products are tested in compliance with, or similar to those set out in Section 443.151 of HB 1325.


I suspect Vivis product does not have such compliance.